Entries by Staff

Failed Redemption of Preference Shares: Whether a Contractual Debt?

– Sikha Bansal, Partner and Megha Mittal, Associate (resolution@vinodkothari.com) Preference shares, as the nomenclature suggests, represent that part of a Company’s capital which carries ‘preference´ vis-à-vis equity shares, with respect to payment of dividend and repayment of capital in case of winding up. However, the real position of preference shares may be quite baffling, given that […]

A Guide to Accounting of Collateral and Repossessed Assets

-Financial Services Team ( finserv@vinodkothari.com ) The purpose of reporting in accordance with International Financial Reporting Standards (IFRS) is to provide financial information about the reporting entity that is useful to various stakeholders in making decisions about providing resources to the entity. To satisfy the objective of IFRS/Ind AS reporting, to a large extent, based […]

Funding through crowdfunding platform: whether qualifies to be CSR?

-Platforms different from implementing agency -Pammy Jaiswal, Partner and Sachin Sharma, Executive (corplaw@vinodkothari.com) Crowdfunding Platforms Crowdfunding platforms are digital platforms which solicit funds for various ventures. They pave way for easy accessibility to a vast network of people through social media. Individuals, charities or companies can create a campaign for specific causes for contribution from anyone, […]

Social Stock Exchanges – Enabling funding for social enterprises the regulated way

By Sharon Pinto & Sachin Sharma, Corplaw division, Vinod Kothari & Company  (corplaw@vinodkothari.com)  Background The inception of the idea of Social Stock Exchanges (SSEs) in India can be traced to the mention of the formation of an SSE under the regulatory purview of Securities and Exchange Board of India (SEBI) for listing and raising of capital […]

SEBI eliminates one-to-one analyst meets from the purview of LODR

-Recommendations of sub-group dropped under the LODR Amendment By CS Aisha Begum Ansari, Assistant Manager, Vinod Kothari & Company corplaw@vinodkothari.com Background Information symmetry is extremely important in a listed company since it helps in effective price discovery and builds the faith of the investors.  Analyst and investor meets are one of the many ways used […]